FMP
May 23, 2024 2:46 PM - Davit Kirakosyan
e.l.f. Beauty (NYSE:ELF) saw its shares rise by over 4% in pre-market today after the company reported better-than-expected Q4 earnings, but weak guidance for fiscal 2025.
For the fourth quarter, e.l.f. Beauty reported adjusted earnings per share (EPS) of $0.53, which exceeded the Street estimate of $0.33. Revenue for the quarter increased by 71% to $321.1 million, beating the expected $292.14 million.
Tarang Amin, Chairman and CEO of e.l.f. Beauty, attributed the success to the company's growth in cosmetics, skincare, and international markets. Gross margin improved by around 330 basis points to 71%, due to favorable foreign exchange impacts, cost savings, and reduced transportation costs.
The company projects adjusted EPS for 2025 between $3.20 and $3.25, falling short of the Street estimate of $3.56. Additionally, revenue for the year is forecasted to be between $1.23 and $1.25 billion, compared to the expected $1.27 billion.
Jan 16, 2024 4:18 PM - Samuel Abdelshahid
In the hustle and bustle of the trading world, having a trustworthy laptop is like having a reliable partner by your side. Making well-informed decisions and staying ahead of market trends become second nature with the right device. However, the quest for a budget-friendly trading laptop t...
Jan 21, 2024 4:00 AM - Parth Sanghvi
Introduction: In the world of financial analysis, a profound grasp of essential profitability metrics is vital. This blog delves into three pivotal metrics—ROE (Return on Equity), ROA (Return on Assets), and Net Profit Margin—offering clear insights without unnecessary complexity. Exploring RO...
May 14, 2024 11:41 AM - Sanzhi Kobzhan
A stock's target price, also known as its fair value, is an indication of what a share can cost based on the company’s forecasted financial statements. It is important to know a stock's fair value to find undervalued stocks with great growth potential. Let's consider how investment analysts calculat...